IRPC’s Sustainability Management Structure

Toward the end of 2014, IRPC had established Sustainability Management Office to oversee corporate sustainability strategy that encompasses economic, social, environmental, and governance aspects. In 2015, The IRPC’s Sustainability Committee has been appointed. The committee is chaired by the executive vice president of the Sustainability Management Office and comprised of executive vice presidents and vice presidents from other relevant functions to take responsibilities in setting up sustainability management policy and strategy, scrutinizing business plans for sustainability before seeking approvals from the Management Committee and the Board of Directors. Moreover, the Committee also functions to govern, monitor, and promote sustainable operations in line with the policy and strategy as well as build capability to become the organization of excellence and sustainability as stated in the company’s vision “Leading Integrated Petrochemical Complex in Asia by 2020”

Board Responsibility for Sustainability

Sustainability is in charter of Corporate Governance Committee whose duties and responsibilities include embedding sustainability in business, delegating sustainable management direction, monitoring the implementation of SM and reporting its finding to the Board of Directors. The Corporate Governance Committee is made up of at least three directors of the Board, at least one of whom is an independent director. Members must command knowledge and understanding of international-standard corporate governance and sustainability principles